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Oceanfreight Inc

OceanFreight Inc. Announces Date for the Release of Third Quarter Results

OceanFreight Inc. (NASDAQ: OCNF), a NASDAQ listed bulk shipping company announced that it will release its results for the third quarter period ended September 30, 2007 after the close of the market in New York on Wednesday, October 24, 2007. The declaration of the Company’s dividend for the third quarter of 2007 will also be announced at that time. On Thursday, October 25, 2007 at 8:00 A.M. EDT, the Company’s management will host a conference call to discuss the results.


DryShips and OceanFreight Complete Merger

dryships_logo.gif

DryShips Inc. (NASDAQ: DRYS) and OceanFreight Inc. (NASDAQ: OCNF) announced today that following approval by OceanFreight's shareholders at a special meeting, the companies have completed the merger and OceanFreight has become a wholly-owned subsidiary of DryShips. Under the terms of the merger agreement, OceanFreight shareholders will be entitled to receive $11.25 in cash and 0.52326 of a share of common stock of Ocean Rig UDW Inc


Woodland Support Cycling Submariners

Woodland International Transport got on its bike to sponsor a team of engineering undergraduates by shipping their pedal-powered submarine to and from the United States. Inspired by penguins' swimming technique, the University of Bath students created a submarine called the SeaBomb, powered by a pilot who pedals on a machine similar to an exercise bike. Woodland shipped the vessel to the USA where it participated in the 9th International Submarine Races


OSMA Elects New Officers

The Offshore Marine Service Association (OMSA) has elected Andy Brauninger, president of Seabulk Offshore, Ltd., as chairman of the board and Milton Rose, president of SEACOR Marine, Inc., has been elected vice-chairman of the association. OMSA’s new secretary/treasurer is Minor Cheramie, Jr., president of L&M Botruc Rentals, Inc. Also elected to the OMSA board of directors are: Van C. De Witt, vice-president and COO of Sea Mar Management, Inc


OceanFreight Inc. New Charter

OceanFreight Inc. (NASDAQ: OCNF), a global provider of seaborne transportation services for both drybulk and energy commodities, announced a new charter for the recently acquired 180,000DWT, 2005 built capesize vessel. Upon delivery, the vessel will be renamed M/V Montecristo and will commence employment on a time charter for a minimum period of four years at a gross rate of $23,500 per day and a maximum of eight years at an average gross rate of $24,125 per day for the optional period.


CEVA Holdings 2Q, 2014 Results

  CEVA Holdings LLC, one of the world’s leading non‐asset based supply chain management companies, today reported results for the three months ended 30 June 2014.   Xavier Urbain, CEO of CEVA, said, “Our performance improvement coupled with the strong increase in our new business pipeline points to the company being on the right track for growth. Since joining CEVA in January, I have focused on strengthening the executive management team


Keppel Philippines Appoints New Execs.

Keppel Corporation Ltd.'s Group Finance Director, Teo Soon Hoe has been appointed Chairman of Keppel Philippines Holdings, Inc (KPH), following the retirement of Loh Wing Siew. Charles Foo, who currently serves as the managing director of Keppel Hitachi Zosen, will assume Loh's post as Chairman of Keppel Philippines Marine, Inc (KPMI) and Subic Shipyard and Engineering Inc (SSEI). Kevin Wong, who is the executive director and managing director of Keppel Land Limited (Keppel Land) in


Gilman Named DMT Chairman of the Board

Deep Marine Technology, Inc. announced the election of Bruce C. Gilman to Chairman of the Board. A businessman with CEO level management expertise, Gilman’s four decade Subsea Career is highlighted with professional accomplishments such as President of both Perry Offshore & Oceaneering International Inc.; President and Founder of Sonat Subsea Services; President, CEO & Director of Sonsub Inc., and Chairman and President of Saipem Inc., the US Subsidiary of Saipem SpA.


Lloyd's Register New Regional HQ, Houston

Lloyd’s Register Americas, Inc. has moved its Houston-area operations to a new regional headquarters to capitalise on the growing opportunities arising from the new regulatory regime in the Gulf, a thriving merchant marine business and concerns about global warming.   The move, which has consolidated five separate businesses under one roof, responded to greater market demand for integrated technical solutions in the increasingly interdependent and complex marine and energy sectors


Free Research Reports on Selected Companies by Analysts' Corner

Analysts' Corner release new research reports highlighting Trinity Industries, Inc., Nordic American Tankers Limited ), J.B. Hunt Transport Services, Inc., SEACOR Holdings, Inc.), and DryShips Inc. Readers may access these reports free of charge - including full price targets, industry analysis and analyst ratings - via the links below. Trinity Industries, Inc. Research Report Available at: [http://www.analystscorner.com/r/full_research_report/39ee_TRN ]


Diana Containerships Reactivates Time Charter With OOCL

M/V Pucon. Photo: Diana Containerships Inc.

 Diana Containerships Inc., a global shipping company specializing in the ownership of containerships, has announced that it plans to reactivate one of its Post-Panamax container vessels, the m/v Pucon.    The company also announced that, through a separate wholly-owned subsidiary


Horizon Names Hotz VP, Business Development

John Hotz (Photo: Horizon Shipbuilding)

Bayou La Batre, Ala. shipbuilder Horizon Shipbuilding, Inc. said it has hired John Hotz as Vice President of Business Development. Hotz brings to the role industry experience and a background in business development, having worked within the commercial and government marine sector throughout


DryShips Completes Common Stock Offering

File Photo: DryShips Inc

 DryShips Inc. has successfully completed the previously announced $200 million common stock offering, in which the Company raised net proceeds of $198 million, pursuant to the prospectus supplement filed on February 17, 2017.   Following the completion of the offering


ICE to Offer First US Gulf Coast LNG Futures Contract

With the United States about to become a net exporter of natural gas for the first time in 60 years, Intercontinental Exchange Inc said on Wednesday it would begin trading the first-ever U.S. liquefied natural gas futures contract in May.


McDermott Acquires New Pipelay and Construction Vessel

Photo: McDermott

McDermott International, Inc. announced it has acquired the newly built pipelay and construction vessel Amazon to better position the company for ultradeepwater and SURF projects.   McDermott plans to upgrade the vessel to address the ultradeepwater market with a state-of-the-art J-lay


USCG Awards Polar Icebreaker Contracts

U.S. Coast Guard Cutter Polar Star, a heavy icebreaker homeported in Seattle, Washington, rests in the ice as the motor vessel Ocean Giant departs from the National Science Foundation’s McMurdo Station, Feb. 1, 2017. One of the primary responsibilities of the Polar Star’s crew is to provide an escort for the Ocean Giant through the frozen Ross Sea off of Antarctica. (U.S. Coast Guard photo by Chief Petty Officer David Mosley)

The U.S. Coast Guard awarded five firm fixed-price contracts for heavy polar icebreaker design studies and analysis Wednesday. The contracts were awarded to the following recipients: Bollinger Shipyards, LLC, Lockport, Louisiana; Fincantieri Marine Group, LLC, Washington


Nordic American Offshore Announces Public Offering

Photo:  Nordic American Offshore

 Nordic American Offshore (NAO) has announced an underwritten public offering of 33,333,333 common shares pursuant to the Company’s effective shelf registration statement.     Morgan Stanley & Co. LLC, DNB Markets, Inc


VT Halter Marine Names Socha Senior VP

Robert A. Socha (Photo: VT Halter Marine)

U.S. shipbuilder VT Halter Marine, Inc., a subsidiary of Vision Technologies Systems, Inc. (VT Systems), has appointed Robert A. Socha as Senior Vice President of Business Development and Estimating, effective January 30, 2017.   In his role


AlphaBridge Delivered to the RT Trident

Photo: Alphatron Marine

Alphatron Marine has handed over the turnkey AlphaBridge tugboat console solution onboard the RT Trident to Seabulk Towing Inc. located in Fort Lauderdale, Fla. This tug bridge concept has been fully equipped with a JRC/Alphatron Marine navigation and communication package.  


Diana Charters OOCL Box Ship

Diana Containerships Inc., through a separate wholly-owned subsidiary, has entered into a time charter contract with Orient Overseas Container Line Ltd. (OOCL), Hong Kong, for its 5,576 TEU Post-Panamax container vessel m/v Great built in 2004.  


MarineLink's Joe Keefe Sounds off on Oregon Public Broadcasting

MarineNews and Maritime Logistics Professional Editor Joseph Keefe

MarineNews and Maritime Logistics Professional Editor Joseph Keefe on Thursday spent ten minutes with Oregon Public Broadcasting to discuss the fate and the future of Oregon's only deep water port. Listen in to find out more.   As ICTSI Oregon, Inc


Marine Link's Joe Keefe Sounds off on Oregon Public Broadcasting

Marine News and Maritime Logistics Professional editor Joseph Keefe

Marine News and Maritime Logistics Professional editor Joseph Keefe last week spent 10 minutes with Oregon Public Broadcasting to discuss the fate and the future of Oregon's only deep water port. Listen in to find out more. As ICTSI Oregon, Inc


DHT Sells 18-year-old VLCC for $19.1 Mln

Crude oil tanker owner and operator DHT Holdings, Inc. said it has entered into agreement to sell the 1999-built very large crude carrier (VLCC) DHT Phoenix for $19.1 million.   The 18-year-old tanker has just completed a “highly profitable” one year time charter at $45


Viega Names Fortuny Technical Manager

Yasmin Fortuny (Photo: Viega)

Viega LLC has hired Yasmin Fortuny as its new technical manager for its shipbuilding and cruise business development division in the Florida, Puerto Rico, Bahamas and Caribbean regions.   In this position, Fortuny is responsible for positioning Viega as the primary choice for marine


Offshore Wind: BOEM Fields Pair of Unsolicited Bids

Map of the unsolicited offshore New York bid. (Source: BOEM)

BOEM has received unsolicited lease requests from two companies seeking to develop offshore wind energy on the Outer Continental Shelf (OCS). These requests are for areas located offshore New York and Massachusetts and are not in response to a formal call for interest.  






 
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